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Donuts slashes prices on a million domains

Kevin Murphy, August 28, 2019, Domain Registries

Donuts is to overhaul the pricing on 1.1 million registry-reserved “premium” domain names, taking hundreds of thousands out of premium status altogether.

The company said today that it has decided to reduce the registration cost of 250,000 domains across its 242 new gTLDs. Discounts as deep as 90% are possible, judging by the company’s pricing page.

A further 850,000 will have their premium tag removed and return to regular pricing.

Part of the overhaul relates to the Rightside acquisition, which closed in 2017. While Rightside’s portfolio of TLDs was substantially smaller than Donuts’, it had been much more aggressive on its premium pricing.

For the domains being moved to standard pricing, Donuts will give it one last shot at squeezing a premium price out of them, however.

The company said that from September 5 to November 1 there will be a “pre-sales” event, during which registrants can pay the current premium fee for the first year on the understanding that they will renew at the standard pricing.

For example, drunk.games currently commands a roughly $130-a-year registration fee at registrars. If you buy it during the pre-sales event you’ll pay $130 for the first year but only about $20 upon renewal.

Donuts says this unusual landrush-style event is designed to make the names more attractive to investors who want to get in before prices fall.

The full effect of the price changes takes effect November 5.

It’s worth noting that standard pricing at Donuts is actually going up across most TLDs, by as much as 9%, on October 1, so you may want to check what your actual renewal fee is before buying.

A searchable database of the newly priced inventory can be found here.

Donuts buys back .fan, ignores plural .fans

Donuts has purchased the unlaunched new gTLD .fan from its struggling owner, just three years after selling it.

The company said today that .fan will become its 241st TLD in its portfolio, having inked a deal with Asiamix Digital.

Asiamix also runs the plural .fans, which Donuts has not acquired.

A Donuts spokesperson said the singular variant was the only acquisition considered, but did not say why.

The gTLD has a colorful ownership history, given that it has not even launched yet.

It was originally owned by Donuts, which won it unopposed in the 2012 application round.

The company then transferred it to then-independent Rightside under a deal the two companies had covering about 100 applications.

Rightside then in 2015 briskly sold the contract to Asiamix, which already had the rights to the plural .fans and presumably wanted to reduce market confusion.

For whatever reason, Asiamix sat on .fan and never even announced launch plans.

Rightside was then acquired by Donuts last year.

Donuts’ spokesperson declined to disclose whether the latest re-acquisition was for the same, more, or less than the original 2015 transaction.

Asiamix is currently very likely facing the death of its business, having failed to make a go of .fans.

The plural has never had more than about 1,500 names in its zone file.

Donuts plans to launch .fan in short order, with general availability expected in mid-September. We should be looking at a sunrise period fairly soon.

I just bought a new gTLD registry’s domain for $10

Kevin Murphy, April 18, 2018, Domain Registries

Are .fan and .fans the latest new gTLDs to go out of business? It certainly looks that way.

ICANN has hit the registry with a breach notice for unpaid dues and stripped it of its registrar accreditation.

In addition, its web sites no longer appear functional and I’ve just bought its official IANA-listed domain name for under $10.

Asiamix Digital is the Hong Kong-based company behind both TLDs, doing business as dotFans.

It launched .fans in September 2015, with retail pricing up around the $100 mark, but never actually got around to launching the singular variant, which it acquired (defensively?) from Rightside (now Donuts) earlier that year.

.fans had fewer than 1,400 domains in its zone file yesterday, down from a peak of around 1,500, while .fan had none.

dotFans in-house accredited registrar, Fan Domains, didn’t seem to actually sell any domains and it got terminated by ICANN (pdf) at the end of March for failing to provide basic registrar services.

And now it seems the registry itself has been labeled as a deadbeat by ICANN Compliance, which has filed a breach notice (pdf) alleging non-payment of registry fees.

While breach notices against TLD registries are not uncommon these days, I think this is the first one I’ve seen alleging non-payment and nothing else.

The notice claims that the registry’s legal contact’s email address is non-functional.

In addition, the domains nic.fans, nic.fan and dotfans.com all currently resolve to dead placeholder pages.

Meanwhile, dotfans.net, the company’s official domain name as listed in the IANA database now belongs to me, kinda.

It expired March 12, after which it was promptly placed into a GoDaddy expired domains auction. Where I just bought it for £6.98 ($9.92).

dotfans

To be clear, I do not currently control the domain. It’s still in post-expiration limbo and GoDaddy support tells me the original owner still has eight days left to reclaim it.

After that point, maybe I’ll start getting the registry’s hate mail from ICANN. Or perhaps not; it seems to have been using the .com equivalent for its formal communications.

Should .fan and .fans get acquired by another registry soon — which certainly seems possible — rest assured I’ll let the domain go for a modest sum.

Namecheap to bring millions of domains in-house next week

Kevin Murphy, January 5, 2018, Domain Registrars

Namecheap is finally bringing its customer base over to its own ICANN accreditation.

The registrar will next week accept transfer of an estimated 3.2 million .com and .net domains from Enom, following a court ruling forcing Enom owner Tucows to let go of the names.

The migration will happen from January 8 to January 12, Namecheap said in a blog post today.

Namecheap is one of the largest registrars in the industry, but historically it mostly acted as an Enom reseller. Every domain it sold showed up in official reports as an Enom sale.

While it’s been using its own ICANN accreditation to sell gTLD names since around 2015 — and has around four million names on its own credentials — it still had a substantial portion of its customer base on the Enom ticker.

After the two companies’ arrangement came to an end, and Enom was acquired by Tucows, Namecheap decided to also consolidate its .com/.net names under its own accreditation.

After Tucows balked at a bulk transfer, Namecheap sued, and a court ruled in December that Tucows must consent to the transfer.

Now, Namecheap says all .com and .net names registered before January 2017 or transferred in before November 2017 will be migrated.

There may be some downtime as the transition goes through, the company warned.

Kickstarter launches Patreon rival on .RIP domain hack

Kevin Murphy, November 15, 2017, Domain Sales

They’re deadly serious.

Crowdfunding service Kickstarter has relaunched its Drip subscriptions service on a .rip domain.

It’s a domain hack using a single-character domain: d.rip.

It’s actually a case of a migration away from a .com domain, which is not something you see every day from a major online brand.

Drip was acquired by Kickstarter from record company Ghostly International in 2012 and has had a relatively low-key presence at drip.kickstarter.com.

Rather than enabling creators to fund a project entirely in advance, with an “all-or-nothing” approach, it allows them to collect subscription fees from fans.

It’s aimed at musicians, podcasters, comedians, YouTubers and the like — people who need a way to support their work now that advertisers are increasingly wary of edgy online content.

The .rip gTLD was originally a Rightside domain. It’s now in the Donuts stable.

It was intended to stand for Rest In Peace, giving registrants a memorable name with which to memorialize the dead.

In reality, with under 3,000 names in its zone, it’s used for a wide variety of other purposes too. Some sites use it to represent “rip” as a verb, others use it to evoke a sense of horror.

As a single-character registry premium name, d.rip would not have been cheap. However, it would have been certainly a lot cheaper than Drip.com, which is in use by an email marketing company.

Hammock swings from Rightside to MarkMonitor

Kevin Murphy, September 5, 2017, Domain Registrars

Statton Hammock has joined brand protection registrar MarkMonitor as its new vice president of global policy and industry development.

He was most recently VP of business and legal affairs at Rightside, the portfolio gTLD registry that got acquired by Donuts in July. He spent four years there.

The new gig sounds like a broad brief. In a press release, MarkMonitor said Hammock will oversee “the development and execution of MarkMonitor’s global policy, thought leadership, business development and awareness strategy”.

MarkMonitor nowadays is a business of Clarivate Analytics under president Chris Veator, who started at the company in July.

Tucows revenue rockets after Enom buy

Kevin Murphy, August 10, 2017, Domain Registrars

Tucows saw its revenue from domain names more than double in the second quarter, following the acquisition of rival Enom.

The company this week reported domain services revenue for the three months ending June 30 of $62.8 million, compared to $28.4 million a year ago.

That was part of overall growth of 78%, with revenue rising from $47.2 million in 2016 to $84.2 million this year.

Net income for the quarter was up 29% at $5.2 million.

Enom, which Tucows bought from Rightside for $76.7 million earlier this year, now accounts for a little under half of Tucows’ wholesale domains business, the larger portion going through its OpenSRS channel.

Sales from Tucows’ premium portfolio rose to $968,000 from $885,000 a year ago.

Its retail business, Hover, did $7.6 million of revenue, up from $3.6 million.

Donuts to complete Rightside acquisition tonight

Donuts is on the verge of closing its acquisition of coopetitor Rightside, after the vast majority of Rightside shareholders agreed to sell up.

Rightside just disclosed that owners of 92% of its shares — 17,740,054 shares — have agreed to sell at Donuts’ offer price of $10.60 per share.

That means the remaining 8% of shares that were not tendered will be converted into the right to receive $10.60 and Donuts can close the acquisition before the Nasdaq opens tomorrow morning.

After the $213 million deal closes, Rightside will become a wholly owned subsidiary of Donuts and Donuts can get on with implementing whatever efficiencies it has identified.

Rightside will cease to be publicly listed afterwards.

Together the combined company will be the registry for about 240 new gTLDs, as well as owning its own back-end registry infrastructure and the retail registrar Name.com.

ICANN gives the nod to Donuts-Rightside merger

ICANN has given its consent to the acquisition of Rightside by rival new gTLD registry Donuts, according to the companies.

The nod means that one barrier to the $213 million deal has been lifted.

Rightside, which is listed on Nasdaq, still needs the majority of its shareholders to agree to the deal and to satisfy other customary closing conditions.

ICANN approval does not mean the organization has passed any judgment about whether the deal is pro-competition or anything like that, it just means it’s checked that the buyer has the funds and the nous to run the TLDs in question and is compliant with various policies.

All new gTLD Registry Agreements given ICANN the right to consent — or not — to the contract being assigned to a third party.

The acquisition was announced last month at the end of a turbulent year or so for Rightside.

Donuts to pay $213 million for Rightside

Donuts is to acquire Rightside for $213 million, the companies have just announced.

The $10.60 per share cash offer represents a 12% premium over Rightside’s average closing share price over the last 30 days. Rightside’s 52-week high is over $12.

Just one year ago, Donuts offered $70 million for Rightside’s portfolio of gTLDs, but was shot down.

Rightside also turned down a $5 million offer for four gTLDs from XYZ.com in April 2016.

The $213 million offer is funded at least partly by Silicon Valley Bank, which is providing a credit facility to Donuts.

Assuming the deal closes — which will require the holders of more than half its shares to agree to the price — it will make Rightside a private company once more, as a wholly owned Donuts subsidiary.

The two gTLD registries are already partners, with Rightside providing domain registry services for Donuts’ roughly 200 new gTLDs.

There was talk of a split last year, with Donuts apparent endorsement of Google’s Nomulus platform, but the two companies reaffirmed their relationship earlier this year.

Rightside itself has a portfolio of 40 gTLDs, but it’s faced criticism from shareholders over the last year or so over their relatively poor performance.

Activist investor J Carlo Cannell, who owns almost 9% of Rightside, has been pressuring the company’s board to take radical action for the last 15 months.

Earlier this year, Rightside got out of the once-core wholesale registrar game by selling eNom to rival Tucows for $83.5 million.